Yen Master is a powerful and profitable Expert Advisor that uses a combination of techniques to identify the optimum entry and exit points for trades. It has been backtested using high accuracy data and optimized for low risk trading.
Here are some of the features and results of Yen Master:
High performance:
Yen Master has a very high return on investment. The Expert Advisor can grow a small account of $200 to $248,000, or a larger account of $10,000 to $3,732,000, in just 4 years. The EA can be run with a small account, like $100, and it has only a few configurations to set up.
Low risk
Yen Master uses a smart risk management system that protects your capital and maximizes your profits. As shown in the backtest result, the balance drawdown is about 10% while growing $10,000 to 3,700,000. It uses a configurable risk percent, and stop loss value optimal for the current volatility. It uses a trailing stop loss to maximize profit of good trades. It also avoids trading during low volatility hours for the pair.
Easy to use:
The Expert Advisor can be used without any change in the settings. It has only a few configurations and the default values are optimized values.
But, if you ever need to backtest by changing the values, here are the descriptions of each of the configurable options
Risk Percent: This value is used to calculate the lot size based on your account size and current volatility. Default value is 3 and we suggest using the default value.
Maximum Lot size: Optimum lot size is calculated by the EA, but you may set the maximum value for the lot size. Default value is set to 100, but you may want to set lower value, for example, if your broker doesn’t allow to go as high as 100
Time Frame: Please do not change this value. The Expert Advisor will not work at all if you change this from 15 minutes. The Expert Advisor is optimized for 15 minute timeframe trading. You also need to use only a 15 minute period in the Metatrader platform during the Expert Advisor trading.
Trade Start Time and End Time: For best performance, please leave the default settings (05:25 as starting time, and 20:00 as end time). Open trades will not automatically close after the end time,, but no new trade will be opened during non-trading time.
Magic number: In case you want to use the Expert Advisor for multiple accounts, you can change the magic number to avoid conflicts. Otherwise, you can use the default value.
Yen Master also has a built-in indicator that highlights the trading time zone (Asian, European, New York) for the pair. This helps you to visualize the best time to trade, based on the market activity and volatility.